IBT Staff Reporter

61111-61140 (out of 154953)

Oil tumbles as U.S. downgrade spurs growth concerns

Oil fell more than $4 a barrel on Monday as worries over economic growth spread after Standard & Poor's cut the United States' top-tier credit rating and European central banks struggled to contain a deepening debt crisis.

Transatlantic shares rise after Berkshire bid

Shares in reinsurer Transatlantic Holdings rose more than 8 percent on Monday despite broad and deep market declines, after Warren Buffett's Berkshire Hathaway made an unsolicited offer over the weekend to buy the company.

Selena Gomez Performs At Teen Choice Awards [VIDEO & PHOTOS]

Selena Gomez and the Scene graced the stage Sunday night at the Teen Choice Awards. The young singer and her band performed their latest single, "Love You Like A Love Song," at the Gibson Amphitheatre. The audience was on their feet clapping as she sung her tune. Dancing with the rest of the crowd was Selena's boyfriend, Justin Bieber, and Demi Lovato, in her first award show since her three-month rehab visit and public meltdown.

Wall Street set to dive after S&P downgrade

Wall Street was set to track a sharp drop in global equity markets on Monday after rating agency Standard & Poor's cut the top-tier AAA credit rating of the United States, rattling already-jittery investors.

Teen Choice Awards Red Carpet Fashion [PHOTOS]

Sunday night, teens across the country were able to watch their favorite stars gather for the Teen Choice Awards in Los Angeles. Stars, from the big screen, singers, models, and TV stars gathered for a night of awards and fierce fashion! Among the cluster of stars were Justin Bieber, Selena Gomez, Demi Lovato, Taylor Lautner, Fergie, Jason Derulo, Rupert Grint, and many, many more!

U.S. safety regulators open probes on Ford, VW cars

U.S. auto safety regulators have opened preliminary investigations into new Ford Motor Co Mustangs with manual transmissions for possible shifting problems and diesel Volkswagen Jetta sedans for possible fuel leaks.

Wal-Mart to accept more kinds of shoppers' checks

Wal-Mart Stores Inc said on Monday that its check and card cashing service would accept more types of checks and take more forms of identification from shoppers in a move aimed at getting them to spend more at the discount chain's stores.

Safety regulators open probes on Ford, VW cars

Auto safety regulators have opened preliminary investigations into new Ford Motor Co Mustangs with manual transmissions for possible shifting problems and diesel Volkswagen Jetta sedans for possible fuel leaks.

Stock index futures tumble after S&P downgrade

Stock index futures tracked a sharp drop in global equity markets on Monday after rating agency Standard & Poor's cut the top-tier AAA credit rating of the United States, rattling already-jittery investors.

Selena Gomes, Boyfriend Justin Bieber Win Teen Choice Awards (Photos)

Selena Gomes turned out to be a big winner at the Teen Choice Awards 2011, taking home five awards ? Choice Actress (for her role in ?Wizards of Waverly Place?), Hottie Female, Music Group (along with her band The Scene), Music Single (for ?Who Says?), and Love Song (for ?Love You Like a Love Song?).

China media say U.S. debt woes show military overreach

Chinese state media on Monday blamed Washington's huge military spending and global footprint for the crisis that led to the U.S. debt rating downgrade, calling for an end to the foreign domineering dragging down its economy.

Britain, other eurozone countries face ratings cut: Jim Rogers

Britain and several euro zone countries are likely to have their credit ratings cut in coming months as debt problems worsen, and Western policymakers are bound to embark on more quantitative easing to get their economies moving, American investor Jim Rogers said on Monday.

Moody's warns against Japan FX action, BOJ on alert

Moody's Investors Service warned Japan that ineffective currency intervention would be negative for its sovereign ratings and would not help it restore its finances, even as G7 policymakers tried to show solidarity against market turmoil sparked by U.S. and European debt woes.

London Riots: Only the Rioters to Blame?

London witnessed one of its most appalling riots in years after police fatally shot a black resident. Violence engulfed an economically deprived neighborhood in North London when a small anti-police demonstration snowballed into looting and violence that left 26 police officers injured and led to 55 arrests.

Analysis: Japan in Ratings Crosshairs as Debt in Focus

In the guessing game of which Asian sovereign credit will be downgraded next, after the United States this weekend, Japan is almost everyone's top pick, and not simply because its debt burden and messy politics are as bad if not worse than America's.

World shares hit by U.S. unease

World stocks racked up more losses on Monday on deep-rooted jitters about the U.S. ratings cut, but signs the European Central Bank was buying Italian and Spanish debt gave some respite to battered bond markets.

Analysis: Japan in ratings cross-hairs as debt in focus

In the guessing game of which Asian sovereign credit will be downgraded next, after the United States this weekend, Japan is almost everyone's top pick, and not simply because its debt burden and messy politics are as bad if not worse than America's.

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